Asset manager Amundi posts higher Q2 profits

Amundi, majority-owned by French bank Credit Agricole , said second quarter net profits had risen 14.3 percent from last year to 234 million euros ($272.70 million).

“Amundi continues to have the potential for high levels of growth, based on its strengthened levels of expertise and its strong international presence,” said Amundi chief executive Yves Perrier in a statement.